Chandigarh News: Taking action against GBP Group, which had fled abroad after defrauding real estate traders and investors, ED took possession of land worth Rs 305 crore in Zirakpur. The two projects that were assumed by ED are Atenas 1 and 2, located on the PR 7 highway.
Which investors can benefit from. ED has found that the directors and other associates of GBP Group had defrauded people by forcing them to invest their money and that this money was used for money laundering and personal gains. Due to which the Department of Education took this action and the department placed large signs outside both projects. Let us tell you that the money of more than 4,500 investors is invested in GBP Group.
Which, in a way, had gone under and investors are fighting at the court level to save their hard-earned money. But now, due to ED’s action, investors’ hopes of getting justice have risen. People thank the agency and the government for this action of ED.
